Tastytrade Review: Pro-grade Options Trading
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- Stock trade fee
- $0
- Minimum deposit
- $0
Our verdict
Tastytrade is a professional-grade platform designed for options and futures traders.
Tastytrade offers a professional-grade derivatives trading platform, with a capped options fee structure, advanced risk-analysis tools and a variety of derivatives products. Tastytrade's stock and ETF options are $1 to open and $0 to close. Compare that to 65 cents on each side with most other brokers. Its trading tools are robust, making it a stand-out options trading platform. Meanwhile, Tastytrade is highly regarded for its extensive and high-quality educational content, including daily live shows, webinars, tutorials and articles. This robust educational ecosystem is particularly beneficial for new traders and those looking to deepen their knowledge of options trading. But being an option-focused platform, you won't find a robo-advisor, and customer service reviews have been mixed recently.
Best for: Experienced stock, options and futures traders.
Pros
-
Competitive options fee structure
-
Highly customizable trading platform
-
Crypto trading
-
Helpful educational resources and live programming
Cons
-
Trading platform may be complex for beginners
-
No robo-advisor
-
No cash sweep program
Tastytrade at a glance
| Feature | Rating | Details |
|---|---|---|
| Investment options | ★★★★★ |
|
| Trading costs | ★★★★★ | Zero commission stock, option and ETF trades, with average margin rates and $1 or less in total stock and ETF option contract fees. |
| Account fees | ★★★★★ | No annual fee, no inactivity fee and a $75 outgoing ACATS fee. |
| Account types and minimums | ★★★★★ |
|
| Trading platforms and technology | ★★★★★ |
|
| Features and amenities | ★★★★★ |
|
| Customer support | ★★★★★ | Contact Tastytrade by phone or live chat but only during regular market hours. |
| Mobile app | ★★★★★ | Google Play app reviews: 4.1/5 stars based on over 3,685 Apple App Store app reviews: 4.8/5 stars based on over 13,000 reviews |
| Cash sweep rates | ★★★★★ | Doesn’t offer a cash sweep program. |
To learn how our star ratings are calculated, read our methodology.
Tastytrade is best for options and futures traders
With platform tools and features specifically aimed at derivatives trading to help evaluate volatility, risk and profit, the platform is best suited for:
- Options traders. Leverage a competitive fee structure and a myriad of trading tools, including curve analysis and quick roll features.
- Futures traders. Standard, mini and micro futures are available alongside tools designed to help assess your delta exposure.
What we like about Tastytrade
Built primarily for options and futures trading, Tastytrade has some of the best pricing on options and futures contracts in the industry. Its fee for stock and ETF options is $1 to open and $0 to close.(1) Most brokers charge $0.65 to open and $0.65 to close, for a total of $1.30.
Tastytrade’s desktop platform offers so much data and so many tools that it’s easy to get lost in the beginning. But we found the Tastytrade tutorial collection and Tastytrade programming to be incredibly helpful for familiarizing ourselves with the platform.
Importantly, the platform is highly customizable. We also didn’t notice much lag when toggling through the different tabs and sections. It feels like what you’d expect a professional-grade options and futures trading platform to be.
Here are some of the tools you can use to trade with on Tastytrade:
- Watchlists
- Advanced charts
- Curve analysis
- Quick roll feature
- Quick order feature
- In-app video programming
- Follow feed
The web and mobile platforms are slightly powered-down, and perhaps a little more user-friendly, compared to the desktop app.
Where Tastytrade falls short
It is possible to buy stocks and exchange-traded funds (ETFs) on Tastytrade, but it’s an options trading platform first and foremost. Everyday investors looking for a user-friendly platform with simple click-to-invest options will likely be better off looking elsewhere. Options and futures traders, maybe not.
A couple other shortcomings for beginners are Tastytrade’s lack of a robo-advisor and a cash sweep program for customers to earn interest on uninvested cash.
Tastytrade’s fees
| Type of fee | Fee details |
|---|---|
| Account minimum | $0 |
| Stock and ETF trade fees | $0 |
| Option on stocks and ETFs trade fees ($10 max per leg) | per contract to open, $1 to close |
| Options on futures trade fees | $1.25 per contract to open, $1.25 per contract to close |
| Options on micro futures trade fees | $0.75 per contract to open, $0.75 per contract to close |
| Future trade fees | $1 per contract to open, $1 per contract to close |
| Micro futures trade fees | $0.75 per contract to open, $0.75 to close |
| Cryptocurrency trade fees | 1% of total crypto purchase and sale (0.75% for BTC and ETH)(2) |
| ACH deposits and withdrawals | $0 |
| Account transfer fee | $75 |
Is Tastytrade legit?
Yes, Tastytrade is a legitimate brokerage. The company is registered with the US Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association.(3)
Before Tastytrade, CEOs Scott Sheridan and Tom Sosnoff cofounded the popular trading platform Thinkorswim, later sold to TD Ameritrade. The brokerage launched to the public in 2017 as tastyworks and was rebranded to tastytrade in 2023.(4) In 2021, IG Group acquired tastytrade in a deal worth around $1 billion, and the brokerage now operates as a wholly owned IG Group subsidiary.(5)
The Tastytrade platform is considered safe and secure. It uses Transport Layer Security (TLS) v1.2, with Advanced Encryption Standard (AES) 256 data encryption to encrypt data. Tastytrade also uses real-time monitoring systems to protect customer data and regularly assesses, audits and fortifies its systems and code. Two-factor authentication is available for additional account security.
Tastytrade customer reviews and ratings
| BBB accredited | No |
|---|---|
| BBB rating | D- |
| BBB customer reviews | 3 out of 5 stars, based on 4 customer reviews |
| Trustpilot score | 3.2 out of 5 stars, based on 615 customer reviews |
| Apple App Store Score | 4.8 out of 5 stars, based on 13 customer reviews |
| Google Play Score | 4.1 out of 5 stars, based on 3 customer reviews |
| Customer reviews verified as of | 18 August 2026 |
Tastytrade garners a mixed customer sentiment across Trustpilot, the Better Business Bureau (BBB) and Reddit.
On Trustpilot, reviews skew positive overall, with customers particularly appreciating the platform’s educational content and easy-to-use interface tailored for active traders, especially those interested in options trading. However, there are recurring complaints about withdrawal processing times, account-linking issues and customer service response times. Tastytrade holds a “Great” TrustScore in the high-3s to low-4s out of five stars based on more than 600 reviews on Trustpilot.(6)
The BBB reflects a more negative trend. Tastytrade is not BBB accredited, and the business currently holds a D- rating, which the BBB attributes to a failure to respond to a number of complaints filed against the company.(7) Complaints logged with the BBB include disputes over account transfers, withholding of funds and unresolved service issues.
Reddit discussions generally echo the Trustpilot sentiment, with many users praising the platform’s robust educational materials and trade execution capabilities, alongside recurring frustrations with mobile app performance and customer support response times. Overall, Tastytrade enjoys a strong reputation for its educational resources and trading platform, though it faces real and current criticisms around customer service and complaint handling that prospective customers should weigh.
Compare Tastytrade to other platforms
8.6 Great
Available asset types
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
Minimum deposit
$0
Signup bonus
N/A
9 Excellent
Available asset types
Stocks, Options, Mutual funds, ETFs, Alternatives
Minimum deposit
$0
Signup bonus
Get up to $1,000 in stock
9.4 Excellent
Available asset types
Stocks, Bonds, Options, ETFs, Futures, Money market funds
Minimum deposit
$0
Signup bonus
Get 12 free shares by joining Webull
Finder Scores: What they mean
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Well-balanced products that provide what you need, offering a healthy mix of competitive features at a good price. However, they're not quite the best in class.
Bottom line: You can find better, but these products still offer reasonable value and have the basics sorted.
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Frequently asked questions
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Matt Finder
Investments editor and market analyst
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